Write TRUE or FALSE after each of the following statements - Leaving Cert Business - Question 7 - 2018
Question 7
Write TRUE or FALSE after each of the following statements.
Tax paid on company profits is known as capital gains tax.
‘Span of control’ refers to the number of em... show full transcript
Worked Solution & Example Answer:Write TRUE or FALSE after each of the following statements - Leaving Cert Business - Question 7 - 2018
Step 1
Tax paid on company profits is known as capital gains tax.
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
FALSE. The tax paid on company profits is actually known as corporate tax, not capital gains tax.
Step 2
‘Span of control’ refers to the number of employees who report to a superior.
99%
104 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
TRUE. 'Span of control' effectively defines the number of subordinates under the supervision of a manager.
Step 3
Interest groups lobby governments on behalf of their members.
96%
101 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
TRUE. Interest groups indeed advocate for policies that benefit their members by influencing government decisions.
Step 4
A Trade Union represents consumers who have a dispute with a retailer.
98%
120 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
FALSE. A Trade Union primarily represents workers or employees, not consumers in disputes involving retailers.
Join the Leaving Cert students using SimpleStudy...
